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Schedule 10
<br />Cabarrus County, North Carolina
<br />Public School Building Capital Project Fund
<br />Schedule of Revenues, Expenditures, and Changes in Fund
<br />Balances - Budget and Actual
<br />From Inception and for the Year Ended June 30, 2012
<br />Actual
<br />ProjectPriorCurrentTotal to
<br />YearsYearDate
<br />Authorization
<br />Revenues:
<br /> Intergovernmental - State:
<br /> Public School Funds2,897,042$ 2,897,042$ $ -$2,897,042
<br /> Lottery Proceeds 6,173,306 4,459,7511,713,5556,173,306
<br /> Lottery Proceeds - Rowan County 128,500 128,500 - 128,500
<br />Total revenues 9,198,848 7,485,2931,713,5559,198,848
<br />Expenditures:
<br /> Capital outlay - education:
<br /> Cabarrus County Schools 620,619 620,619 - 620,619
<br /> Kannapolis City Schools 104,149 98,651 5,498 104,149
<br /> Rowan County 128,500 128,500 - 128,500
<br />Total expenditures 853,268 847,770 5,498 853,268
<br />Excess (deficiency) of revenues over
<br /> (under) expenditures 8,345,580 6,637,5231,708,0578,345,580
<br />Other financing sources (uses):
<br />Transfer in - General Fund 724,768 724,768 - 724,768
<br />Transfer (out) - General Fund(1,713,555) -(1,713,555)(1,713,555)
<br />Transfer (out) - Capital Projects Fund(7,356,793) (7,356,793) -(7,356,793)
<br />Total other financing sources (uses)(8,345,580) (6,632,025)(1,713,555)(8,345,580)
<br />Net change in fund balance$ -$ 5,498 (5,498)$ -
<br />Fund balance, July 1 5,498
<br />Fund balance, June 30$ -
<br />91
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